ChainUP News

The world's leading blockchain technology service provider

09/03

2019

BiKi and ChainUP’s Opens Singapore Blockchain Week with a Bang

Singapore Blockchain week is one of the most happening blockchain events in Singapore. The start of this momentous week begins with bang with a full house event co-hosted by Fast growing cryptocurrency exchange, BiKi, and Whitelabel exchange solutions provider, ChainUP.
The event, which was also co-organized with SMC Capital, an NYC-based blockchain-focused VC and consulting firm, had a turnup of 300 attendees at M hotel in Singapore. This includes over 50 industry leaders and 20 esteemed VCs in Singapore and around the world.
The keynote and panel topics consisting of “Blockchain Investments in 2020”, “How to disrupt Chinese crypto exchanges market”, “Digital Assets Trading and Crypto Exchanges in 2020” and more which value added to the attendees, who are mostly budding projects and blockchain startups.
The event kicked off with BiKi Exchange CMO Dora Jiang giving an opening speech. Earlier this month, Jiang was awarded the “Blockchain Influential Women” award at a ceremony in Shanghai.
The first keynote speech by BiKi Southeast Asia CEO, Ethan Ng, who describes BiKi’s unique time plan before and after listing to help projects grow, sparking interest amongst audiences as they whip out their camera phones to snap our innovative listing timeline. To conclude his speech, Ng pleasantly surprised users and projects as the exchange announced its new feature of staking with 20% annualized rate of return. This is an unprecedented rate, with the next highest being 12.7%, and very exciting news for users.
This was followed by a panel discussion consisting of panelists from renowned VCs: Fenbushi Capital Partner Remington Ong, Du Capital Partner Rae Deng, Longhash CEO Emma Cui, Jubilee Capital Investment Director Nicole Liu, Partner at Tembusu Ventures Kim Yong-Moon, themed around Blockchain Investments 2020.
The panelists begun by mentioning key events in the year which included Kim Yong-Moon’s acknowledgement of Japan being “the first country in 2019 to build in the word digital asset into finance regulation. And it was previously unnoticed in many investment circles.”
Remington Ong proceeded to mention “President Xi putting blockchain on a national level.” As the highlight of the year, where will soon see “ripple effects and regulations to clarify what you can or cannot do”.
Rae Deng proceeded to mention that the trends in 2019 has shaped how we view blockchain now. “It used to be a just a testing phase, but now it has become a competition as to who can get the sovereign currency out first or who can get most blockchain parents first.”
Moderator and Partner from SMC Capital Mik Mironov then asked panelists what they look out for when choosing projects to invest.
In response, Tembusu Ventures Partner, Kim, says the VC is “looking for enablers that increase efficiency and help others scale and are indispensable to others in the ecosystems. They are needed by both startups and established players, and that's how they survive.”
Cui, CEO of Longhash chipped in “We believe in a world where there will not have over hundreds of blockchains, but only a few that will be the industry standards like Polkadot. Hence we invest in projects that have a real business model.”
To an audience query about how VCs view revenues generated from growing projects, Ong, who is a partner at Fenbushi Capital, whose advisor is Vitalik Buterin, replied with a statement saying projects can “Create value through other means. Bitcoin will never generate revenue. So no revenue isn't a bad thing.”
The second keynote speech is by Jade Chen, digital marketing director of ChainUp, emphasizing how ChainUp has new clients everyday for the past 3 months and why exchanges is still such a hot industry to be in. Exchanges are top of the food chain in this industry, and have clear business model, which makes it a very profitable business to be in. She noted that liquidity is the core elements of exchange, there is a platform from ChainUP called BitWind, which aggregated more than 200 exchanges, provides the best depth for customers, increases trading volume and experience.
The final panel consists of Founding Partner of Node Capital and Founder of Jinse Finance Jun Du, QCP Capital Co-Founder Darius Sit, Dymon Asia Venture Capital Analyst Joshia Kwa and Neo Global Capital Partner Tony Gu.
BiKi exchange Southeast Asia CEO Ethan Ng sparked discussions by asking the panelists their opinions about the trends of assets trading in 2020.
Sit began by saying he noticed a “shift away from cryptocurrencies as an investment or speculative tool but used as a trade finance like remittance. It is not just about buying and making some money, but about bigger things like export. It’s like a replacement from banks.”
Founder of renowned Chinese VC Node Capital, Du Jun, says, “In the last 7 years there hasn’t been much use cases of Bitcoin except for mining and exchanges. As long as there are new assets, there will be new exchanges. As long as there are amazing top assets, that even the best exchanges aren’t willing to list, there will be new ones popping up to list them.”
Ng asked a final question on how to attract more users in 2020. “After the licenses have been issued, the market will be heavily disrupted and changed. And everyone should look out. Particularly the ones that we looked down, could possibly blow up and be profitable for us.” Says Du passionately. “It’s been 10 years since 2009. Yet blockchain still doesn’t make an impact on the world. Everyone is building exchanges, mining and now they should be making changes in the world. Huge change and adding value to our lives.”
BiKi and ChainUP are both forces to be reckoned with in the blockchain industry. Having cemented roots in Chinese markets, they have both grown rapidly in recent months from globalization initiatives, spreading their influence individually to various countries worldwide. This event is a reflection of their dedication to fostering good ties with their partners and in turn, their partners’ keen interest in supporting them, ensuring they live up to Du’s words of value adding to the blockchain industry. About BiKi.com
Headquartered in Singapore, BiKi.com is a global cryptocurrency exchange ranked Top 20 on CoinMarketCap. BiKi.com provides a digital assets platform for trading more than 150 cryptocurrencies and 250 trading pairs. BiKi.com is focused on providing the safest, most stable and most effective cryptocurrency trading platform. 100% of the transaction fees are used in buyback and burning of platform token, BIKI. Since its official opening in August 2018, BiKi.com is considered one of the fastest-growing cryptocurrency exchanges in the world with an accumulated 1.5 million registered users, 130,000 daily active users, over 2,000 community partners and 200,000 community members. BiKi.com has received investments from Huobi co-founder Du Jun, Genesis Capital Zhu Huai Yang, FBG Capital, ChainUP and others totaling approximately 10 million USD.
English Telegram：https://t.me/BikiEnglish
Twitter：https://twitter.com/BiKiEnglish
Facebook：https://www.facebook.com/bikiexchange/
Medium: https://medium.com/@bikicoin
Linkedin: https://www.linkedin.com/company/biki-exchangeAbout ChainUP
ChainUP is one of the leading global blockchain technology solution providers. It owns eight well-developed product lines: digital assets trading, wallet, situational awareness, public chain and consortium blockchain, mining pool, blockchain cloud media, liquidity and broker. ChainUP has constructed an industrial closed-loop – from technology services to traffic and traffic commercialization. It has served more than 200 digital asset exchange customers and more than 50 digital wallet customers worldwide, covering more than 50 million users in over 20 countries from Asia, Europe, America and Oceania.

2019.09.03

BiKi and ChainUP’s Opens Singapore Blockchain Week with a Bang

Singapore Blockchain week is one of the most happening blockchain events in Singapore. The start of this momentous week begins with bang with a full house event co-hosted by Fast growing cryptocurrency exchange, BiKi, and Whitelabel exchange solutions provider, ChainUP.
The event, which was also co-organized with SMC Capital, an NYC-based blockchain-focused VC and consulting firm, had a turnup of 300 attendees at M hotel in Singapore. This includes over 50 industry leaders and 20 esteemed VCs in Singapore and around the world.
The keynote and panel topics consisting of “Blockchain Investments in 2020”, “How to disrupt Chinese crypto exchanges market”, “Digital Assets Trading and Crypto Exchanges in 2020” and more which value added to the attendees, who are mostly budding projects and blockchain startups.
The event kicked off with BiKi Exchange CMO Dora Jiang giving an opening speech. Earlier this month, Jiang was awarded the “Blockchain Influential Women” award at a ceremony in Shanghai.
The first keynote speech by BiKi Southeast Asia CEO, Ethan Ng, who describes BiKi’s unique time plan before and after listing to help projects grow, sparking interest amongst audiences as they whip out their camera phones to snap our innovative listing timeline. To conclude his speech, Ng pleasantly surprised users and projects as the exchange announced its new feature of staking with 20% annualized rate of return. This is an unprecedented rate, with the next highest being 12.7%, and very exciting news for users.
This was followed by a panel discussion consisting of panelists from renowned VCs: Fenbushi Capital Partner Remington Ong, Du Capital Partner Rae Deng, Longhash CEO Emma Cui, Jubilee Capital Investment Director Nicole Liu, Partner at Tembusu Ventures Kim Yong-Moon, themed around Blockchain Investments 2020.
The panelists begun by mentioning key events in the year which included Kim Yong-Moon’s acknowledgement of Japan being “the first country in 2019 to build in the word digital asset into finance regulation. And it was previously unnoticed in many investment circles.”
Remington Ong proceeded to mention “President Xi putting blockchain on a national level.” As the highlight of the year, where will soon see “ripple effects and regulations to clarify what you can or cannot do”.
Rae Deng proceeded to mention that the trends in 2019 has shaped how we view blockchain now. “It used to be a just a testing phase, but now it has become a competition as to who can get the sovereign currency out first or who can get most blockchain parents first.”
Moderator and Partner from SMC Capital Mik Mironov then asked panelists what they look out for when choosing projects to invest.
In response, Tembusu Ventures Partner, Kim, says the VC is “looking for enablers that increase efficiency and help others scale and are indispensable to others in the ecosystems. They are needed by both startups and established players, and that's how they survive.”
Cui, CEO of Longhash chipped in “We believe in a world where there will not have over hundreds of blockchains, but only a few that will be the industry standards like Polkadot. Hence we invest in projects that have a real business model.”
To an audience query about how VCs view revenues generated from growing projects, Ong, who is a partner at Fenbushi Capital, whose advisor is Vitalik Buterin, replied with a statement saying projects can “Create value through other means. Bitcoin will never generate revenue. So no revenue isn't a bad thing.”
The second keynote speech is by Jade Chen, digital marketing director of ChainUp, emphasizing how ChainUp has new clients everyday for the past 3 months and why exchanges is still such a hot industry to be in. Exchanges are top of the food chain in this industry, and have clear business model, which makes it a very profitable business to be in. She noted that liquidity is the core elements of exchange, there is a platform from ChainUP called BitWind, which aggregated more than 200 exchanges, provides the best depth for customers, increases trading volume and experience.
The final panel consists of Founding Partner of Node Capital and Founder of Jinse Finance Jun Du, QCP Capital Co-Founder Darius Sit, Dymon Asia Venture Capital Analyst Joshia Kwa and Neo Global Capital Partner Tony Gu.
BiKi exchange Southeast Asia CEO Ethan Ng sparked discussions by asking the panelists their opinions about the trends of assets trading in 2020.
Sit began by saying he noticed a “shift away from cryptocurrencies as an investment or speculative tool but used as a trade finance like remittance. It is not just about buying and making some money, but about bigger things like export. It’s like a replacement from banks.”
Founder of renowned Chinese VC Node Capital, Du Jun, says, “In the last 7 years there hasn’t been much use cases of Bitcoin except for mining and exchanges. As long as there are new assets, there will be new exchanges. As long as there are amazing top assets, that even the best exchanges aren’t willing to list, there will be new ones popping up to list them.”
Ng asked a final question on how to attract more users in 2020. “After the licenses have been issued, the market will be heavily disrupted and changed. And everyone should look out. Particularly the ones that we looked down, could possibly blow up and be profitable for us.” Says Du passionately. “It’s been 10 years since 2009. Yet blockchain still doesn’t make an impact on the world. Everyone is building exchanges, mining and now they should be making changes in the world. Huge change and adding value to our lives.”
BiKi and ChainUP are both forces to be reckoned with in the blockchain industry. Having cemented roots in Chinese markets, they have both grown rapidly in recent months from globalization initiatives, spreading their influence individually to various countries worldwide. This event is a reflection of their dedication to fostering good ties with their partners and in turn, their partners’ keen interest in supporting them, ensuring they live up to Du’s words of value adding to the blockchain industry. About BiKi.com
Headquartered in Singapore, BiKi.com is a global cryptocurrency exchange ranked Top 20 on CoinMarketCap. BiKi.com provides a digital assets platform for trading more than 150 cryptocurrencies and 250 trading pairs. BiKi.com is focused on providing the safest, most stable and most effective cryptocurrency trading platform. 100% of the transaction fees are used in buyback and burning of platform token, BIKI. Since its official opening in August 2018, BiKi.com is considered one of the fastest-growing cryptocurrency exchanges in the world with an accumulated 1.5 million registered users, 130,000 daily active users, over 2,000 community partners and 200,000 community members. BiKi.com has received investments from Huobi co-founder Du Jun, Genesis Capital Zhu Huai Yang, FBG Capital, ChainUP and others totaling approximately 10 million USD.
English Telegram：https://t.me/BikiEnglish
Twitter：https://twitter.com/BiKiEnglish
Facebook：https://www.facebook.com/bikiexchange/
Medium: https://medium.com/@bikicoin
Linkedin: https://www.linkedin.com/company/biki-exchangeAbout ChainUP
ChainUP is one of the leading global blockchain technology solution providers. It owns eight well-developed product lines: digital assets trading, wallet, situational awareness, public chain and consortium blockchain, mining pool, blockchain cloud media, liquidity and broker. ChainUP has constructed an industrial closed-loop – from technology services to traffic and traffic commercialization. It has served more than 200 digital asset exchange customers and more than 50 digital wallet customers worldwide, covering more than 50 million users in over 20 countries from Asia, Europe, America and Oceania.